A Highly Interactive Training Course On

Revenue Forecasting & Analysis (RFAx)

Applications of Best Revenue Forecasting Techniques

Revenue Forecasting & Analysis (RFAx)
Course Schedule

CLASSROOM

14-18 Jul 2025
London
$5,950
08-12 Sep 2025
Dubai
$5,950
02-06 Feb 2026
London
$5,950
Certificate
  • Coventry Academy Certificate of Completion for delegates who attend and complete the training course

 

Training Overview

Training Overview

The Revenue Forecasting & Analysis training course is designed to equip participants with essential skills in analyzing and forecasting revenues, crucial for effective budgeting and maintaining financial health in businesses. Whether in service or manufacturing sectors, mastering demand planning and revenue forecasting is pivotal for organizational success.

This course will delve into the foundational concepts of revenue forecasting and introduce participants to statistical techniques essential for accurate predictions. Participants will learn how to implement successful budgeting strategies and refine revenue analysis methods to enhance organizational financial performance.

Key components of the training course include:

  • Understanding the concept of revenue forecasting
  • Exploring various forecasting techniques and their applications
  • Criteria for selecting the most appropriate methods to ensure accuracy in forecasting
  • Best practices in revenue analysis to optimize financial outcomes
  • The pivotal role of managers in the revenue forecasting and analysis process

What are the goals?

By the end of this training course, participants will be able to:

  • Understand the role of revenue forecasting in the budget-making process
  • Identify best practices in revenue forecasting process
  • Identify the appropriate forecasting methods to your organization
  • Apply the accurate revenue analysis
  • Implement a comparative analysis of your revenue forecasting techniques
  • Recognize the use of advanced tools & techniques for planning revenue

Who is this Training Course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Public & Privet sector executives
  • Board directors and senior management
  • Professionals in banks
  • Financial Analysts
  • Consultants for board of directors
  • Accountants, controllers, finance directors in privet sectors
  • Financial Executives / Managers / Controllers / Directors
  • Auditors / Auditing Managers and Reporting Executives / Managers
  • Business Development Executives & Managers 

The Course Content

Day One: Introduction to Revenue Forecasting & Analysis
  • The Budgeting Context
  • The Nature and Process of Revenue Forecasting
  • What Revenues to Forecast
  • What Expenditures to Forecast
  • Purpose of Forecasting Revenue
  • The Principles of Revenue Forecasting
Day Two : Revenue Forecasting Steps
  • Selection of forecast period
  • Adoption of assumptions
  • Selection of forecasting methods
  • Evaluation of estimates
  • Monitoring of outcome and comparison with forecasts
  • Updating the Forecasts
Day Three: Revenue Forecasting Methods
  • Qualitative and Judgement Forecasting Methods
  • Time Series Forecasting – Basic Concepts
  • The Naïve Forecast
  • The Moving Average Forecast
  • A Regression Method
  • Exponential Smoothing
Day Four : Revenue Analysis
  • Concept of Revenue Analysis
  • Importance of Revenue Analysis
  • Products as Revenue Drivers
  • Ensure regular updates to the taxpayer registry
  • Challenges Associated With Revenue Analysis
  • Revenue Analysis Worksheet
Day Five: The Roles of the Board in Forecasting
  • How to Choose the Right Forecasting Technique
  • Methods, Products & the Life Cycle
  • Forecasting the growth rate
  • Forecasting quality
  • Improve Revenue and forecasting with active planning
  • Corporate Governance & Forecasting